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contracts
(redirected from Contracts for the Sale of Goods)

   Also found in: Legal 0.01 sec.
contracts
agreements between parties in which considerations or rewards are offered by all contracting parties. Contracts may be written, verbal or implied and all are binding, the degree lessening as the probability of misunderstanding increases. Salaries, continuity of employment, out-of-hours attendance, weekend work are some of the considerations offered in veterinary employment contracts.

binding-out contracts
one of the parties binds himself or herself not to participate in some activity, e.g. practice within a certain area, in return for some consideration such as being employed as an assistant.
implied contracts
leaving a patient in a veterinarian's care is an implied contract by the owner to pay the costs of the attention provided. This may be estimated beforehand and the veterinarian may be obliged to adhere to the estimate, especially if the difference is large. It depends on the firmness of the offer.


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After reviewing New Mexico law, the court concluded they were contracts for the sale of goods and an interest in real property.
Contracts for the sale of goods in excess of $500 are covered by the Uniform Commercial Code (the "Code").
37) Generally, dispositions contained in Article 2 are applicable only to contracts for the sale of goods with a value of $500 or more.
 
 
 
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